Trade Idea Update: USD/JPY - Buy at 105.50

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Jun 23, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    As dollar's intra-day rise has gathered momentum after breaking resistance at 105.06 (now support) on active cross-selling in yen, signaling low has been formed at 103.55 last week and bullishness is seen for further gain to 105.85 (1.236 times projection of 103.58-105.06 measuring from 104.02), then 106.10-15, break there would extend headway to 106.40-41[​IMG]

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